70.—(1) This regulation applies where—
(a)a person has assumed liability to pay CIL in respect of a chargeable development (D);
(b)the collecting authority has received a commencement notice in respect of D; and
(c)the collecting authority has not determined a deemed commencement date for D.
(2) Where the chargeable amount is equal to or greater than £40,000, payment of the amount of CIL payable in respect of D (A) is due in four equal instalments at the end of the periods of 60, 120, 180 and 240 days beginning with the intended commencement date of D.
(3) Where the chargeable amount is equal to or greater than £20,000 and less than £40,000, payment of A is due in three equal instalments at the end of the periods of 60, 120 and 180 days beginning with the intended commencement date of D.
(4) Where the chargeable amount is equal to or greater than £10,000 and less than £20,000, payment of A is due in two equal instalments at the end of the periods of 60 and 120 days beginning with the intended commencement date of D.
(5) Where the chargeable amount is less than £10,000, payment of A is due in full at the end of the period of 60 days beginning with the intended commencement date of D.
(6) Where an amount payable in accordance with this regulation is not received in full on or before the day on which it is due—
(a)the unpaid balance of A becomes payable in full immediately; and
(b)the collecting authority must send a copy of any demand notice which it serves as a result of the non-payment to each person known to the authority as an owner of the relevant land.